£247,080
This estimated value is based upon the latest sale price for the house of £200,000 on 22 Oct 2019. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£200,000 | 22 Oct 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 sq feet |
This model uses changes in the Official Land Registry House Price Index for BRIGHTON AND HOVE to estimate the market value.
When this house was purchased in October 2019 the House Price Index for BRIGHTON AND HOVE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £200,000 results in an estimated price of approximately £247,080.
22 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £200,000 | £47,080 | £247,080 |
The Postcode Pricing Model uses changes in average sales price within the BN3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 74.282 % | £148,563 | £348,563 |
3 Month Average | 19.820 % | £39,640 | £239,640 |
6 Month Average | 20.079 % | £40,158 | £240,158 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £314,837 | £310,000 | GARDEN FLAT 3A GOLDSTONE ROAD |
31 Aug 2023 | £330,969 | £325,000 | 28A CLARENDON VILLAS |
20 Jan 2023 | £456,219 | £455,000 | FLAT 3 26 CLARENDON VILLAS |
25 Nov 2022 | £9,953 | £10,000 | 109 BLATCHINGTON ROAD |
2 Sep 2022 | £499,666 | £500,000 | 35 GOLDSTONE ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 16 Jul 2019. Using an estimated price of £247,080 means this house is valued at £5,147 per sq meter (£478 per sq foot).
The average size of a house on CLARENDON VILLAS is 69 sq meters (749 sq feet).